08:58 AM EST, 01/28/2025 (MT Newswires) -- Chevron's ( CVX ) Chevron USA and investment firm Engine No. 1 said Tuesday that a new company will be formed that aims to power US-based data centers running on US natural gas.

The companies said the joint development, in conjunction with GE Vernova ( GEV ) , is looking to deliver up to four gigawatts of power.

They said the first projects are expected to use seven US-made GE Vernova ( GEV ) 7HA natural gas turbines and to serve co-located data centers in the Southeast, Midwest and West regions of the US.

Initial in-service is anticipated by the end of 2027, the companies said.